First Banking Center in city_name, state_name - Detailed Financial Reports, Location

First Banking Center in Burlington, Wisconsin (WI)
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First Banking Center - Overview

General
FDIC Certificate #: 5287
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: Talmer Bank and Trust (#58132)
Federal Reserve ID: 41647
Date Established: June 20, 1920
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 16 (Interstate: No)
OTS Docket #: 10175
FDIC's unique #: 3555
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 19, 2010
Last Structure Change Process Date: November 22, 2010
Last Data Update: November 22, 2010
Data Source Date: April 05, 2012
Location
Address: 400 Milwaukee Avenue, Burlington, WI 53105
County: Racine
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Milwaukee
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Racine, WI (#6600)
Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
Core Based Statistical Area (CBSA): Racine, WI (#39540)
CBSA Metro Statistical Area: Racine, WI (#39540)
Financial Summary
Total assets: $750.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2009)

Dollar figures in thousands
135Total employees (full-time equivalent)
$912,354Total assets
$74,730Cash and due from depository institutions
$54,526Interest-bearing balances
$173,706Securities
$0Federal funds sold & reverse repurchase agreements
$596,152Net loans & leases
$23,530Loan loss allowance
$0Trading account assets
$11,705Bank premises and fixed assets
$10,701Other real estate owned
$442Goodwill and other intangibles
$3,205Life insurance assets
$44,918All other assets
$912,354Total liabilities and capital
$880,424Total liabilities
$778,502Total deposits
$705,998Interest-bearing deposits
$778,502Deposits held in domestic offices
94.20%% insured (estimated)
$23,650Federal funds purchased & repurchase agreements
$0Trading liabilities
$73,600Other borrowed funds
$0Subordinated debt
$4,672All other liabilities
$31,930Total equity capital
$31,930Total bank equity capital
$31,930Perpetual preferred stock
$0Common stock
$866Surplus
$19,164Undivided profits
Memoranda
$11,900Noncurrent loans and leases
$72,641Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$55,453Earning assets
$1,785Long-term assets (5+ years)
$6,410Average Assets, year-to-date
$824,384Average Assets, quarterly
$96,645Volatile liabilities
$938,403Insider loans
$926,731FHLB advances
$115,656Loans and leases held for sale
$5,476Unused loan commitments
$73,500Tier 1 (core) risk-based capital
$1,919Tier 2 risk-based capital
$1,380Total risk weighted assets
$72,641Total unused commitments
$20,618Restructured Loans and leases
$7,939Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$48,217Total interest income
$22,665Total interest expense
$25,552Net interest income
$58,415Provision for loan and lease losses
$6,741Total noninterest income
$825Fiduciary activities
$2,999Service charges on deposit accounts
$0Trading account gains & fees
$2,917Additional noninterest income
$24,489Total noninterest expense
$7,376Salaries and employee benefits
$2,047Premises and equipment expense
$15,066Additional noninterest expense
-$50,611Pre-tax net operating income
$881Securities gains (losses)
-$17,514Applicable income taxes
-$32,216Income before extraordinary items
$0Extraordinary gains - net
-$32,216Net income attributable to bank
$0Net charge-offs
-$32,216Cash dividends
$47,791Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.56%Yield on earning assets
2.61%Cost of funding earning assets
2.94%Net interest margin
0.78%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
-3.49%Net operating income to assets
-3.43%Return on assets (ROA)
-5.30%Pretax return on assets
-58.42%Return on equity (ROE)
-58.42%Retained earnings to average equity (YTD only)
6.88%Net charge-offs to loans
122.23%Credit loss provision to net charge-offs
0.16%Efficiency ratio
75,283Assets per employee
6.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.80%Loss allowance to noncurrent loans
42.43%Noncurrent assets plus other real estate owned to assets
7.25%Noncurrent loans to loans
8.95%Net loans and leases to deposits
76.58%Net loans and leases to core deposits
81.65%Equity capital to assets
3.50%Core capital (leverage) ratio
3.76%Tier 1 risk-based capital ratio
5.64%Total risk-based capital ratio
Memoranda
$7Average assets
$938,403Average earning assets
$55,148Average equity
$867,727Average loans

Total Fiduciary and Related Assets (December 31, 2009)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$119,729Managed Assets
1Number of Accounts
$91,972Personal trust and agency accounts
$35,896Employee benefit-defined contribution accounts
$1,574Employee benefit-defined benefit accounts
$0Other retirement accounts
$14,066Corporate trust and agency accounts
$0Investment management agency accounts
$40,436Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
326Number of Accounts
$0Personal trust and agency accounts
$14,066Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$27,757Other retirement accounts
$1,859Corporate trust and agency accounts
$17,627Other fiduciary accounts
$8,271Fiduciary accounts held in foreign offices

First Banking Center in Burlington, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Banking Center - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

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First Banking Center in Burlington, Wisconsin (WI)Overview, Financial Summary, Detailed Financial Reports, Branches

First Banking Center - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Total Fiduciary and Related Assets (December 31, 2009)

Comment about this bank, ask questions, or add new information about it:

First Banking Center in Burlington, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches